Thomson Reuters Posts 7% Organic Revenue Growth in 2025; Raises Dividend by 10%
February 7, 2026
Toronto-based Thomson Reuters reported solid financial results for the fourth quarter and full year ending December 31, 2025. The company saw a 7% rise in organic revenues for the year and 5% total revenue growth in Q4. Organic revenues for its "Big 3" segments—Legal Professionals, Corporates, and Tax, Audit & Accounting Professionals—grew 9% throughout 2025.
CEO Steve Hasker said, "Our fourth‑quarter results capped a year of important progress for Thomson Reuters. We are seeing tangible benefits from our continued investments in AI, accelerating our pace of product innovation and leveraging technology to reimagine how we work." He added that the company is focused on creating long-term shareholder value and entered 2026 with a stronger portfolio.
The firm increased its annual dividend by 10% to $2.62 per common share, marking the 33rd consecutive year of dividend increases. Thomson Reuters repurchased 6 million shares in late 2025 as part of a $1 billion buyback program.
Financial highlights for Q4 include a 5% increase in revenues, driven by 6% growth in recurring revenues and 11% growth in transaction revenues. Operating profit dropped 25% due to prior-year gains and higher software amortization. Adjusted EBITDA rose 8% with margins improving to 38.7%.
Revenue growth by segment showed Legal Professionals up 1% with 9% organic growth; Corporates up 7% with 9% organic growth; and Tax, Audit & Accounting Professionals up 13% with 11% organic growth. Reuters segment revenue grew 6%. Global Print revenues declined 6% due to lower shipment volumes.
For full-year 2025, total revenues increased 3% with organic revenue growth at 7%. Adjusted EBITDA margin expanded to 39.2%, up by 1 percentage point. Diluted EPS fell to $3.33, impacted by a prior-year tax benefit. Adjusted EPS rose to $3.92 per share.
Looking ahead, Thomson Reuters expects 2026 organic revenue growth of approximately 7.5% to 8%, with adjusted EBITDA margin expanding by about 100 basis points from 39.2% in 2025. The first quarter of 2026 is forecasted to see roughly 7% organic revenue growth and a 42% adjusted EBITDA margin.
The company remains cautious about global economic uncertainties but is confident in its AI-enabled product innovation and strategic focus.
Thomson Reuters serves professionals in legal, tax, audit, accounting, compliance, government, and media sectors, blending trusted content with advanced technology to help users make informed decisions.
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Thomson Reuters
Q4 2025 Results
Revenue growth
Dividend Increase
2026 Outlook
Ai investments
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